TL; DR
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Well, we’ve always wondered… If Bitcoin is responsible for popularizing cryptocurrencies, what ‘thing’ will spread cryptocurrencies at some point? huge/mainstream dish?
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Our best bet has always been gaming… if one of those games blows up, suddenly you have a whole bunch of new crypto users.
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On Sunday, the network as a whole executed a total of 256,000 transactions; SAGE Labs, a browser-based sci-fi game built on the Solana network, raked in over 2.29 million transactions in the same day!
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Is SAGE Labs the ‘killer app’ that will make every man and his dog own crypto?
Full story
…but none of the above entities were really respond to every trend.
(That was left to Amazon, Facebook and Hot topic).
What does this have to do with crypto? Well, we’ve always wondered…
If Bitcoin is responsible for popularizing cryptocurrencies – what is the ‘thing’ that will spread cryptocurrencies in a huge/mainstream dish?
Our best bet has always been gaming:
You’re taking something that hundreds of millions of people already do (playing video games and collecting in-game items) → putting it on cryptorails (i.e. making those in-game items tradable using blockchain technology).
…if one of those games blows up, you suddenly have a whole bunch of new crypto users.
The cool part? Perhaps we are witnessing that moment…
First, let’s set some context:
The Polygon Network is the most popular Ethereum Layer 2 network in the world, home to the Starbucks Odyssey loyalty program and the Draft Kings Collectible NFT marketplace…
And on Sunday, the network as a whole made a total of 256,000 transactions.
Now, get this:
SAGE Labs, a browser-based sci-fi game built on the Solana network, raked in over 2.29 million transactions in the same day!
That was 15% of all transactions executed that day on Solana (the seventh largest cryptocurrency in the world).
Is SAGE Labs the ‘killer app’ that will make every man and his dog own crypto?
No idea! But gaming (as a whole) could be…